Neo-Eco, a French company that transforms war rubble and industrial waste into low-carbon construction materials, is stepping up investment in Ukraine, which it considers the "best place on earth to be" for a company with its "circular economy" business model.
The company, which entered Ukraine shortly after the full-scale Russian invasion of 2022, plans to build a pilot factory by March of 2025 to produce low-carbon cement in the southern city of Mykolaiv, and is ready to then build a second factory.
"The timing is critical," said Bart Gruyaert, Neo-Eco's project director in Ukraine. "We can't wait until the end of the war to start this process. We need to be ready with certified, market-ready products as soon as the reconstruction efforts kick into high gear."
